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EURUSD2-052516.jpg The dollar is trading lower against its major European rivals Wednesday afternoon after a "major breakthrough" in talks between Eurozone finance ministers and Greece to unlock 10.3 billion euros in new bailout loans. There was no U.S. economic data to drive the direction of trading Wednesday. However,...

The Canadian dollar advanced against its major rivals in early New York deals on Wednesday, after the Bank of Canada kept benchmark interest rate unchanged, as inflation remains roughly in line with the Bank's expectations. The BoC maintained its target for the overnight rate at 0.5 percent. The decision...

As expected, the Bank of Canada kept the benchmark interest rate at 0.5 percent. After the decision, the loonie climbed against its major counterparts. The loonie was trading at 1.4593 against the euro, 84.27 against the yen, 0.9424 against the aussie and 1.3094 against the greenback around 10:01 am ET.

The Bank of Canada announces decision on interest rate at 10:00 am ET Wednesday. The bank is seen retaining key interest rate at 0.5 percent. The loonie traded mixed against its major counterparts ahead of the announcement. While the loonie rose against the yen and the aussie, it held steady against...

Following the release of Federal Housing Finance Agency's house price index for March at 9:00 am ET Wednesday, the greenback changed little against its major rivals. The greenback was trading at 1.1146 against the euro, 110.39 against the yen, 0.9915 against the franc and 1.4700 against the pound around 9:01 am ET.

The Federal Housing Finance Agency releases house price index for March at 9:00 am ET Wednesday. Economists expect the index to rise to 0.5 percent on month, from 0.4 percent in February. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback declined against...

The euro declined against its most major opponents in European trading on Wednesday, as European bonds yields fell after the Eurozone finance ministers cleared the way for fresh loans for Greece to avert debt default. After the meeting in Brussels on Tuesday, Eurozone finance ministers reached the...

The Swiss franc strengthened against the other major currencies in the European session on Wednesday. The Swiss franc rose to a 9-day high of 1.1046 against the euro and a 2-day high of 111.16 against the yen, from early lows of 1.1068 and 110.67, respectively. Against the pound, the franc advanced...

The pound gained ground against the other major currencies in early European trading on Wednesday, as risk sentiment improved on receding Brexit concerns and as Eurozone finance ministers approved in principle a reform package for Greece that will unblock new loans. Worries about a likely rate hike...

Switzerland's ZEW economic sentiment survey results have been released at 5:00 am ET Wednesday. Following the data, the franc changed little against its major rivals. The franc was trading at 0.9924 against the greenback, 111.05 against the yen, 1.1059 against the euro and 1.4528 against the pound around 5:02 am ET.

Switzerland's ZEW economic sentiment survey results are due at 5:00 am ET Wednesday. Ahead of the data, the franc traded mixed against its major rivals. While the franc held steady against the euro, it eased against the rest of major rivals. The franc was worth 0.9922 against the greenback, 111.08...

The pound drifted higher against its major rivals in early European deals on Wednesday. The pound climbed to 6-day highs of 1.4663 versus the dollar and 161.36 versus the yen, off its early lows of 1.4601 and 160.44, respectively. The pound strengthened to near 4-month highs of 0.7602 against the...

At 4:00 am ET Wednesday, Germany's Ifo business sentiment data for May was released. After the data, the euro changed little against its major rivals. As of 4:01 am ET, the euro was trading at 0.7607 against the pound, 1.1058 against the Swiss franc, 1.1151 against the U.S. dollar and 122.71 against the yen.

At 4:00 am ET Wednesday, Germany's Ifo business sentiment data for May is due to be released. Economists forecast the business confidence index to rise to 106.8 in May from 106.6 in April. Ahead of the data, the euro showed mixed trading against its major rivals. While the euro fell against the Swiss...

The Australian dollar strengthened against the other major currencies in the pre-European Asian session on Wednesday, as strong cues from overseas markets, receding Brexit worries, rising oil prices and news of a breakthrough deal between Eurozone finance ministers, Greece and the International Monetary...

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